Blue Economy Key to Nigeria’s Economic Diversification – Dosunmu

Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Ade Dosunmu, has called on Nigeria to urgently harness the vast opportunities in the Blue Economy as a strategic pathway for diversifying the nation’s economy.

Delivering a lecture titled “Blue Economy and Economic Diversification: Opportunities and Challenges” to participants of the Senior Executive Course 47, 2025, at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Jos, Dr. Dosunmu said the sector holds immense potential for driving economic growth, creating jobs, and promoting sustainable development.
He emphasized that the Blue Economy could help reduce Nigeria’s over-reliance on oil and gas, noting that its full potential could only be realized through strategic reforms, robust policy frameworks, and enhanced collaboration among relevant agencies and stakeholders.

“The Blue Economy offers a unique and timely solution to Nigeria’s perennial dependence on hydrocarbon resources,” he said. “With the right policies, stronger institutional capacity, and effective partnerships, it can significantly boost national revenue and secure a prosperous future for our country.”


Dr. Dosunmu also identified key challenges facing the sector, including regulatory gaps, environmental threats, and inadequate human capacity, stressing the need for urgent action to address them.

The session also featured presentations on topics such as Foreign Direct Investment and the Blue Economy, Sustainable Coastal Tourism and Recreation in Nigeria, and Fisheries and Aquaculture in Nigeria’s Blue Economy.

NIPSS, Nigeria’s foremost policy think-tank, is tasked with grooming top-level leaders and policymakers capable of formulating and implementing strategic policies for national development.

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